city-owned land; municipal land
Refers to land owned by a city or municipality, often used in administrative, legal, or real estate contexts.
This park is city-owned land.
The sale of municipal land is being considered.
公有地 is a broader term for public land (national or local), whereas 市有地 is limited to city-owned land.
Compound of 市 (city) + 有 (possession) + 地 (land). The reading しゆうち follows standard on'yomi.